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ECONOMIC AND URBAN DEVELOPMENT MEMORANDUM <br /> Memo No. 09-24 <br /> April 13, 2009 <br /> TO: Honorable Mayor Michael T. Carrigan and City Council <br /> FROM: Ryan P. McCrady, City Manager V"�-, <br /> Greg C. Crowe, Assistant City Manage <br /> SUBJECT: Ordinance Reserving 2009 Volume Cap in Connection with Private Activity Bond <br /> Staff recommends approval of the attached ordinance reserving the City's 2009 volume cap. The <br /> attached ordinance does not obligate the City to issue bonds, but provides the opportunity to do <br /> so in the future. <br /> If Council members have questions they may contact Greg Crowe, Assistant City Manager, 424- <br /> 2727, or at gcrowe@decaturil.gov <br />